Civil Transactions Law
Art. 415Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
If the lease term expires and it is established that there is an urgent need for
extension, such term shall be extended only to the extent of such need,
provided that the lessee pays the prevailing market rental rate for such period,
unless agreed otherwise.
Subsection 2: Obligations of the Lessor
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded